• 15 57th Street OCEAN CITY, MD 21842

  • $1,595,000
  • 0
    Bed(s)
  • 0
    Baths
  • 2,560
    Sq Ft
  • 6000
    Sqft

What else do you need? Incredible investment opportunity for a owner who would like to have 4 fully furnished and ready to rent units. Mid-town location within walking distance from all of Ocean Cities best nightlife activities! Fager's Island, Seacrets, Macky's, Taphouse....you name it, you can get there from here. Highly demanded midtown corridor, OCEAN BLOCK WITH LARGE OPEN LOT in the rear that is part of this property. Super easy commuting with bus stops out front on Coastal and FREE PARKING!!! Open lot in the rear of the building is a HUGE perc on this purchase!! COMFIRM ALL BUILDING PLANS/PERMITS for the open area via Ocean City Zoning if that is your clients wishes. All items including roof, hvac, full interior of all units have all been renovated and newer appliances within the last 5 years! 100 yards off the sandy beaches and with this property, you will NEVER have to cross Coastal Highway to get to the beach safely! This is a PRIME opportunity for one lucky buyer! Good luck and schedule your showing sooner than later!!!

Property Type :

Multi-Family

County :

WORCESTER

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Roof : Architectural Shingle

Roofing Information

Architectural Shingle

Heating & Cooling

Cooling: Central A/C

Heating: Forced Air

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Year Built: 1965

Structure: Detached

New Construction: No

Total Units: 4

Built: 1965

Construction Material: Advanced Framing

Roof: Architectural Shingle

Foundation/Basement: Permanent

Architecture: Coastal

Pool/Private: No Pool

Roof Type: Architectural Shingle

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Lot Size: 6,000

Dimensions: 0.00 x 0.00

Lot Size (Acres): 0.14

Architectural Style: Coastal

Main Square Feet: 6,000

Property Information

SQ ft: 2,560

SQ ft (Living Area): 2,560

Total Lot SQ ft: 6,000

Financing: Cash,Conventional

Appx. Lot Dimensions: 0.00 x 0.00

Total Acreage: 0.14

New Construction: No

Type: Coastal

Listing Information

Possession: Immediate

Days Of Market: 3

Tax Information

Annual Tax: $9,374

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Immediate

Assessment Information

Taxes Assessment Amount: $665,000

Parking Information

Parking Type: Off Street

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Roof: Architectural Shingle

Homeowners Association Information

Direction: GPS

School Information

Elementary School: OCEAN CITY

Middle OR Junior School: STEPHEN DECATUR

High School: STEPHEN DECATUR

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Location Information

Direction: GPS

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9750 Marthas Landing Ro.., Ocean City, MD,21842 $9,990,000 6 7.5 7,634 17919 Sqft
Keyser Point Road , Ocean City, MD,21842 $420,000 -- -- 197,327 197327 Sqft
110 Sand Dollar Lane , Ocean City, MD,21842 $196,500 2 1.0 470 --
12004 Ocean Gateway , Ocean City, MD,21842 $900,000 -- -- 304,920 304920 Sqft
4306 Coastal Highway , Ocean City, MD,21842 $1,950,000 3 2.5 3,448 7150 Sqft
4302 Coastal Highway , Ocean City, MD,21842 $599,000 3 2.0 1,248 3575 Sqft
Blue Marlin , Ocean City, MD,21842 $485,000 -- -- 673,002 673002 Sqft
8240 Wilmington Lane , Ocean City, MD,21842 $855,000 4 3.0 -- --
13444 Madison Avenue , Ocean City, MD,21842 $750,000 3 2.0 2,000 5000 Sqft
10539 Sussex Road , Ocean City, MD,21842 $1,995,000 4 3.5 -- 28401 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/03/2024 @ 04:49

MLS: MDWO2019490
LISTED BY: Zackary Keenan , Keller Williams Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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